Charity Commission reversal

We updated you last week about a new requirement to declare overseas income in the Charity Annual Return.

As we outlined, this will cause a great deal of work for charities to analyse and report. We were not alone in pointing this out, and the Charity Commission was lobbied by numerous charity groups.

For the moment, the Commission has relented, and has now said that this will not be a requirement for the 2017 return. For the 2018 return, this may be a requirement, subject to consultation with the charity sector.

So – whilst there may be a stay of execution, this requirement is still on the table. Our advice to consider how to get the necessary data stands – but so does the comprehensive range of services we offer to charities, including practical guidance on complying with regulations.

For more information, please get in touch with your usual contact partner or use our enquiry form.

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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